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Mahalaxmi Rubtech (BOM:514450) E10 : ₹6.15 (As of Mar. 2024)


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What is Mahalaxmi Rubtech E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Mahalaxmi Rubtech's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹4.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹6.15 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mahalaxmi Rubtech's average E10 Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-05-30), Mahalaxmi Rubtech's current stock price is ₹210.00. Mahalaxmi Rubtech's E10 for the quarter that ended in Mar. 2024 was ₹6.15. Mahalaxmi Rubtech's Shiller PE Ratio of today is 34.15.

During the past 13 years, the highest Shiller PE Ratio of Mahalaxmi Rubtech was 58.89. The lowest was 14.84. And the median was 37.67.


Mahalaxmi Rubtech E10 Historical Data

The historical data trend for Mahalaxmi Rubtech's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mahalaxmi Rubtech E10 Chart

Mahalaxmi Rubtech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.46 5.32 6.15

Mahalaxmi Rubtech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.32 5.52 5.70 5.83 6.15

Competitive Comparison of Mahalaxmi Rubtech's E10

For the Textile Manufacturing subindustry, Mahalaxmi Rubtech's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mahalaxmi Rubtech's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mahalaxmi Rubtech's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mahalaxmi Rubtech's Shiller PE Ratio falls into.



Mahalaxmi Rubtech E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Mahalaxmi Rubtech's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.14/153.0345*153.0345
=4.140

Current CPI (Mar. 2024) = 153.0345.

Mahalaxmi Rubtech Quarterly Data

per share eps CPI Adj_EPS
201406 0.400 94.103 0.651
201409 1.000 96.780 1.581
201412 1.670 96.780 2.641
201503 0.140 97.163 0.221
201506 1.450 99.841 2.223
201509 1.000 101.753 1.504
201512 0.680 102.901 1.011
201603 0.380 102.518 0.567
201606 1.170 105.961 1.690
201609 1.340 105.961 1.935
201612 0.280 105.196 0.407
201703 0.690 105.196 1.004
201706 0.790 107.109 1.129
201709 0.380 109.021 0.533
201712 0.780 109.404 1.091
201803 1.080 109.786 1.505
201806 1.310 111.317 1.801
201809 1.000 115.142 1.329
201812 0.830 115.142 1.103
201903 0.520 118.202 0.673
201906 0.950 120.880 1.203
201909 1.040 123.175 1.292
201912 0.590 126.235 0.715
202003 0.840 124.705 1.031
202006 -0.780 127.000 -0.940
202009 2.000 130.118 2.352
202012 1.440 130.889 1.684
202103 1.900 131.771 2.207
202106 1.100 134.084 1.255
202109 1.030 135.847 1.160
202112 1.250 138.161 1.385
202203 2.090 138.822 2.304
202206 1.890 142.347 2.032
202209 1.750 144.661 1.851
202212 1.980 145.763 2.079
202303 4.630 146.865 4.825
202306 1.480 150.280 1.507
202309 2.640 151.492 2.667
202312 2.120 152.924 2.122
202403 4.140 153.035 4.140

Add all the adjusted EPS together and divide 10 will get our e10.


Mahalaxmi Rubtech  (BOM:514450) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Mahalaxmi Rubtech's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=210.00/6.15
=34.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Mahalaxmi Rubtech was 58.89. The lowest was 14.84. And the median was 37.67.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Mahalaxmi Rubtech E10 Related Terms

Thank you for viewing the detailed overview of Mahalaxmi Rubtech's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Mahalaxmi Rubtech (BOM:514450) Business Description

Traded in Other Exchanges
Address
Polytechnic Road, Mahalaxmi House, YSL Avenue, Opposite Ketav Petrol Pump, Ambavadi, Ahmedabad, GJ, IND, 380015
Mahalaxmi Rubtech Ltd is an Indian textile manufacturing company. The company has structured its operations into the following business segments - Rubber and Technical textiles Products, and Textile Products. The company's product portfolio comprises; printing blankets, textile printing blankets, rubber-coated fabrics, hydraulic seals, air cells, and technical textiles. The majority of the revenue accrues from the Textile products segment.

Mahalaxmi Rubtech (BOM:514450) Headlines

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